What's News: Business & Finance -- WSJ
October 24 2016 - 3:02AM
Dow Jones News
AT&T's deal to buy Time Warner for $85.4 billion faces
possible opposition from U.S. antitrust authorities and objections
from lawmakers and rivals.
The Time Warner deal would make AT&T among the most heavily
indebted companies in the world.
Rockwell Collins agreed to buy B/E in a $6.4 billion deal that
would unite two of the biggest suppliers in the aerospace
industry.
China Oceanwide, a privately held investment firm, agreed to buy
U.S.-based insurer Genworth for about $2.7 billion.
More investors and policy makers are championing fiscal spending
as central-bank moves fail to revive the global economy.
BAT could catch up with its cigarette-alternative rivals if its
$47 billion bid for Reynolds succeeds.
U.S. maritime regulators approved a new alliance of four of the
world's largest container-shipping firms.
A huge web attack Friday stemmed from tactics used years earlier
by videogame players against opponents.
All-Stars, a fund that bets on Chinese consumer and tech firms,
has posted a 12% return so far this year.
(END) Dow Jones Newswires
October 24, 2016 02:47 ET (06:47 GMT)
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